For saleSingle family

$230,000

500 Central Ave

Osakis MN 56360

3 beds, 2 baths, 1,880 sqft

500 Central Ave is a 3 beds, 2 baths, 1,880 sqft single family home for sale at $230,000 in Osakis MN 56360. At 20% down it rents for an estimated $1,725/mo and returns $112/mo a month at a 7.1% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$1,725/mo
Monthly cash flow
$112/mo
Cap rate
7.1%
Cash-on-cash
2.9%
Max offer
$206,500

Offer ≤ $206,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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